IMB car loans

Find out about the competitive loan options from IMB that can help you get on the road.

Not enough reviews Write a review
Elizabeth Barry's headshot

By

Elizabeth Barry

Updated

Fact checked
IMB

Start comparing

If you're in the market for a new or used car you might want to consider what's available from IMB. Generous loan amounts of up to $125,000 are on offer if you're looking to purchase a new car. Competitive rates are also on offer for vehicles up to six years of age.

Find out more about IMB and the flexible loans it has on offer in the page below, and compare and apply for the right secured loan for your car-buying needs.

Compare your IMB car loan options

{"visibility":"visibilityTable","ctaLabel":"Calculate","tableCode":"AUFCL_COMPARISON_V2_TABLE","nicheCode":"AUFCL","fields":[{"name":"LOAN_AMOUNT","value":"20000","options":"","label":"Loan amount","suffix":"$","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"3","options":"","label":"Loan term","suffix":"years","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""}]}
1 - 2 of 2
Updated regularly
Product Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
IMB New Car Loan
Fixed1 - 7 Years $2,000 - $125,000
IMB logo
Interest Rate (p.a.)
5.99%
Comp. Rate (p.a.)
6.34%
Application Fee
$274.78
Monthly Fee
$0
Monthly Repayment
$616.71
Go to siteMore info
IMB Unsecured Personal Loan
Fixed1 - 7 Years $2,000 - $50,000
IMB logo
Interest Rate (p.a.)
8.98%
Comp. Rate (p.a.)
9.34%
Application Fee
$250
Monthly Fee
$0
Monthly Repayment
$643.76
More info
loading
  • New Car Loan. If you're purchasing a new car or one that is less than two years old you can secure a rate of 5.99% p.a. with the IMB New Car Loan. You can apply for a loan amount between $2,000 and $125,000 and repay it over a term of 7 years.
  • Secured Personal Loan. This loan needs to be secured with a new or used vehicle up to six years of age, but can be used for any purchase (this includes the purchase of that vehicle). You can borrow between $2,000 and $75,000 for terms that can extend up to 7 years. A competitive rate of 6.84% p.a. applies to this loan.
  • Unsecured Personal Loan. If you're looking to purchase a used car that's over six years old you can consider the IMB Unsecured Personal Car Loan, which comes with a rate of 8.98% p.a. You can borrow up to $50,000 with this loan have between 1 year and 7 years to repay it. You're also able to make additional repayment to pay off your loan sooner.

Is your car eligible to be used as security?

As IMB offers two secured car loans, different criteria is in place for each:

  • New Car Loan: The car needs to be new or up to two years old and between $2,000 and $125,000.
  • Secured Personal Loan: The car can be new or used vehicle up to six years of age.

How you can apply for a loan with IMB

The first step is deciding which loan is right for you to finance your vehicle purchase. Once you've done this, you can click "Go to Site" to get the application process started. You'll need to meet the eligibility criteria outlined below to be eligible to apply:

  • Be over the age of 18
  • Have a good credit history
  • Earn a monthly income

You'll need the following information on hand to complete the application:

  • Personal information including your name, contact details and a form of ID
  • Financial details such as your income, assets and expenses
  • Your employment information

The application should take approximately 15 minutes to complete.

The loan options IMB has available are competitive offerings, but as they are not the only ones in the market, it's important to compare your car loan options before you decide which one is best for you.

Elizabeth Barry's headshot
Journalist

Elizabeth Barry is an experienced journalist with over 10 years of expertise in personal finance, contributing to outlets like the ABC, Sydney Morning Herald, and 7News. She holds a Master of Arts in Creative Writing and a Bachelor of Arts in Communication from the University of Technology Sydney, and has earned multiple award nominations, including a Highly Commended recognition at the 2017 Lizzies. Elizabeth began her career at Finder in 2013, progressing through roles to become Lead Editor, where she oversaw a wide range of personal finance coverage until 2024. See full bio

Elizabeth's expertise
Elizabeth has written 210 Finder guides across topics including:
  • Banking
  • Personal finance
  • Investing
More resources on Finder

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More guides on Finder

  • Stratton Finance Used Car Loan

    A used car loan with high borrowing amounts and both secured and unsecured options.

  • Great Southern Bank Fixed Rate Car Loan

    If you’re in the market for a new car, the Great Southern Bank Fixed Rate Car Loan may be able to give you the funds you need. With the security of a fixed rate and flexible repayments, this loan might be what you need to own your new set of wheels.
  • Green Car Loans Australia

    Some lenders offer a better deal if you get a loan for an eco-friendly car. See how they work and compare car loans here.

  • Stratton Finance New Car Loan

    Stratton Finance might be able to help you finance your next car. Find out about all the rates and fees in this review.
  • Compare car loans for classic cars

    Want to buy a classic car but don't have the ready money? There are still financing options available for classic vehicles. Find out what loans you have to choose one and which one will work best for you.

  • How to buy a car at auction

    Get a bargain on the car you want at vehicle auctions – find out how to buy in this guide.

  • Tesla Superchargers Map: Where you can charge in Australia

    Find out the extent of Australia's Tesla Supercharger network with our complete map of every charging station.
  • IMB New Car Loan

    Read our review on the IMB offers a competitive fixed with its New Car Loan to help you finance a new car or one that's up to two years old, and find out if you're eligible to apply today.

  • Luxury car tax calculator Australia

    Are you in the market for a luxury car? Calculate how much tax you'll have to pay and find the answer to your luxury car tax questions.
  • NAB Car Loan

    This NAB secured car loan offers loans of up to $100,000 for new and used vehicles less than 12 years. It has a fixed interest rate with loans of 1 - 7 years, but no penalty if you repay the loan early.
Go to site